7525 US 2 & 41 & M35 Highway Gladstone, MI $ 895,000
7525 US 2 & 41 & M35 Highway
$ 895,000
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7525 US 2 & 41 & M35 Highway

Gladstone, MI, 49837
$ 895,000
Baths0.0 Sq 5,212

Monthly Estimate*

$ 6,252

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View a Virtual Tour
Studio

Commercial Property for sale in Gladstone, MI

for $895,000. This 5,212 square foot building was built on a lot size of 1.42.

Nestled along the picturesque shores of Little Bay de Noc, The Log Cabin awaits its next chapter! This beloved family-owned restaurant has a rich history in Delta County going back to 1935. The charming themed interior offers a true Up North coziness. The front dining area is surrounded by windows that provide 180 degree views of the lake. This area is set up to serve up to 55 guests. A second back dining area features a beautiful bar, stone fireplace, seating for 50 guests, and access to the deck. There are few restaurants with outdoor seating in the area and this a great opportunity to set yourself apart! The kitchen is ready to go with all equipment included in the sale. A large basement offers great space for storage. Everything in the Log Cabin is included except a few personal items. In addition to the restaurant, this property includes a 2 bed, 1 bath, single family home. This provides great extra income or you can live on the property. Don't miss this extraordinary opportunity to own and continue the legacy of The Log Cabin! Pre Approval required for all showings.

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Commercial Active

Price

$ 895,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,681

Style

Commercial/Industrial

Lot Size

1.42

Town/City

Gladstone

County/Region

Delta

MLS | Web ID

50137832

Features
General
Heating Forced Air Hot Water
Cooling Central A/C
Roof Asphalt
Exterior Features Deck/Patio
Zoning Commercial Commercial
Water Artesian Private Well
Status Active Active
Year Built 0
Parking Parking Lot
Water Heater Gas
County Delta
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Type Bar & Grill
Business Name Log Cabin Grill & Bar
Percent Ownership LLC
Municipality Escanaba Twp
Subdivision MI
Commercial Features Cafe/Kitchen Internet Available Electric Available Fixtures Furniture Living Quarters Detached Outbuilding(s) Pole Sign Reception Area Restroom(s) Telephone Tile Floors
Area Escanaba Twp (21009)
Primary City Gladstone
Location Rural
Virtual Tour https://youtu.be/ZObv_kHC87U
Directions Take US 2/41 & M35 North 5.5 miles to the property on the left.
City Gladstone
Street Name US 2 & 41 & M35
Financial Terms Cash Conventional
Legal Description SEC 32 T40N R22W. 1.087 A COM AT SW COR OF GL2 TH N 88 DEG 53' 10 E 683.15' TO E'LY R/W OF WIS CEN RR TH N 13 DEG 51' 10 E ALG R/W 106.52' TH CONT NE'LY ALG RR R/W A CHORD DIST OF 417.41' TO POB
DOM 26
Postal Code 49837
Price Per Sq Ft 171.72
Coming Soon Nestled along the picturesque shores of Little Bay de Noc
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Exterior
Exterior Wood
Frontage 251
Body of Water Little Bay de Noc
Lot Size Area 1.42
Lot Dimensions 251x268x270x211
Lot Description Cleared
Water Features None
Roads City/County
Waterfront Y/N No
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Interior
Ceiling Height 16-20 Feet
Fuel Type Natural Gas
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* Excluded Features
List By
LORI RYMKOS

Listing Agent

Premier Real Estate, Inc.

Broker

lori@premierrealestate.org

Email

Affordability Calculator

$7,142
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,252
Monthly Property Taxes
$890
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$895,000 Listed Price

Map


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7525 US 2 & 41 & M35 Highway, Gladstone, MI, 49837 is a Commercial Property for sale at $895,000 with 5,212 sqft and a lot size of 1.42. 7525 US 2 & 41 & M35 Highway is a studio with 0.0 baths. The property's zip code is 49837 which is in Gladstone, MI